| How much of a percent does the US government take out of the average check? |
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Asked 19 days ago
by Deathwalker  United States |
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About
Sole supporter of the What If Theory.
What if I didn't say that?
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6 Points
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http://taxes.about.com/od/2009taxes/qt/2009_tax_rates.htm
Note: this does not cover state taxes.
Plus FICA Tax Rate = 7.65%
With employer "contribution" of 7.65%, the US treasury gets 15.3%.
This comment has been moderated down. (Show Comment)
“To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” ~~ Thomas Jefferson
"It's not free. ... Someone's going to have to pay for it and you bet it's going to be the taxpayer." --Sen. Joe Lieberman (I-CT
Here it is about 33% over about $30,000 and we have GST of 10% on everything we buy. (goods and services tax)
It's expensive to live here.
Don't you have socialized medicine?
Sorry, forgot to mention an extra 1.5% of the total taxable income is also deducted for Medicare in June at the end of our financial year.
So you pay about 47% of your check and get roads and health care and have how many thousands of homeless living in the streets? How many schizophrenics living under bridges? How many children missing one or more meals a day?
Because what we get for our tax dollars are multi-million dollar CEO salaries. And lots of dead Iraqi children.
Our roads are paid for with a 69% tax on each litre of fuel, land tax and we have tolls on the freeways for the next 30 years.
The health care is covered if you attend a public hospital.
Our food is expensive due to the GST.
We do have homeless and people with schizophrenia, some want help and some don't but it isn't as many as the USA because we only have 22 million people in Oz.
USA CEO.Solomon Trujillo left Aust. back to the USA with a $13 million payout.
Yep, we have quite a few of our own multi-million dollar CEO's.
We to opay a huge tax on gasoline, yet the Lake Champlain Bridge, necessary for the lives of thousands on the NY-Vermont border, was just closed due to lack of funds for repairs. The SF BAy Bridge was just closed for a week because the repair done to keep it open was inadequate. The only stretch of the main highway along here that has been repaired is right inside Tuxedo Park--where the rich folks live. The rest of it is full of axle-breaking potholes.
The beginning of the homeless mentally ill in this country was when Reagan closed the mental hospitals in California to balance the state government. That was back in the late 1970s or early 1980s.
I am sorry to hear that we have imported our system to your country.
Sorry, it makes me bitter that people can actually see other people starving in the streets and think that our way is the best in the world.
We have a lot of problems here, things that should not have been allowed to happen.
There has been a lot of money wasted by our politicians and bureaucrats.
Our rail network hasn't been extended in decades so almost all the freight goes by truck. Our shipping port in Melbourne has only just been recently dredged to allow bigger cargo ships into port. There has been a lot of poor management.
*sniffle*...only 1.5%...
My total taxes come to about 27% between state and federal, my state sales tax is 8.125% where I work and 9.125% where I live. Then there is my co-pay for medical insurance, which comes to about 11% of my total salary. I still have a $30 co-pay on doctor's visits and tests, and if they switch my insurance I have to change doctors. If I had to pay the entire damn thing by myself, it would amount to about ONE QUARTER of my total income. I would only get a tax break on it if I were buying it as part of owning my own business - in other words, if I was employed by someone who didn't offer health insurance, and I was paying out of pocket, it would all be taxed.
So what do you mean by average? Mean? Median? The median in 2006 was about $25,000 per year, which, with standard deductions, means that the maximum paid from that was around 10% and usually less, depending on the number of dependents.
That means HALF the families in the US paid 10% or less.
OF course, the very very very rich pay only a small percent as well, as they have so MANY ways of hiding and sheltering their money. Just because their personal income may be taxed at 50% doesn't mean that they didn't make tens of millions tax-free.
The average (median) household income that has one wage earner is $46,326. The average US total tax bite is 34% direct taxes and 16.1% indirect taxes. (after all deductions)
In addition, the US has the highest effective corporate tax rate in the world except for Japan. (39.1% after deductions) The US does not impose the transaction taxes on insurance or banking transactions that many other countries do. Also S-Corporations in the US treat income as personal income.